As the world becomes increasingly digital, traditional gifting practices are evolving to incorporate the latest technological advancements. The rise of cryptocurrencies has sparked a new wave of innovation in the gifting industry, and Codego is leading the way. With its groundbreaking launch of crypto gift cards, Codego is revolutionizing the way we give and receive gifts. These gift cards offer a unique and convenient solution, bridging the gap between traditional gifting and the world of digital assets. Unveiling a New…
Crypto Laws
Majority of Policymakers Vote in Support of MiCA Crypto Laws
The European Union has taken a major step toward the regulation of cryptocurrencies within the region. In a recent vote, the European Parliament Committee on Economic and Monetary Affairs (ECON) showed almost unanimous support for forthcoming crypto regulation policies. 28 Members Vote in Support and 1 Against Committee member, Stefan Berger revealed in a Twitter post that the ECON has approved the Markets in Crypto-Assets framework, MiCA. Berger described the move as “good news” in a tweet announcing the vote.…
8 months ago 972 views
New Cryptocurrency Regulations Proposed in Cayman Islands
Cayman Islands’ legislative assembly introduced new legislation capable of regulating local companies carrying out activities related to cryptocurrencies. The main purpose of the proposed rules is towards monitoring the operations of digital asset exchanges. On April 28, the Virtual Asset Service Provider (VASP) Bill was submitted for review and its aim is offer a regulatory framework. The framework deals with registration guidelines and requirements for companies that offer services related to cryptocurrency. The proposed regulations are based on FATF guidelines such that…
3 years ago 798 views
Asia’s Strengthening of Cryptocurrency Regulations May Threaten Its Leading Position
People have been considering Asia as the world’s cryptocurrency hub for a long time now. There has been remarkable growth in the cryptocurrency domain in nations such as Japan, Singapore, South Korea, and China. China is in the last stages of creating a central bank digital currency (CBDC), thereby proving that the continent has placed itself ahead of others regarding digital assets. Recently in a podcast, Adam Traidman, the joint founder of one of the pioneering Bitcoin wallets on the app store (BRD) spoke about China’s digital Yuan and…
3 years ago 648 views
The Importance of Regulation for Cryptocurrencies
Scams, Ponzi Schemes, and The Crypto Market Scamming is the elaborate process of taking advantage of uninformed individuals or organizations and using their ignorance to get away with their money. Scamming has always been prevalent anywhere money or wealth is involved. Since scams are everywhere, the area of cryptocurrency and blockchain is no different. Cryptocurrency scamming techniques vary in degree and complexity. The new and enthusiastic investor is easily discouraged by the overwhelming amount of information they need to consume…
3 years ago 1.2 k views
Will Russia’s Crypto Law Hinder or Encourage Crypto Operation?
Recently, the adoption of Russia’s major crypto law known as “On Digital Financial Assets” got finalized. Nevertheless, according to reports, Anatoly Askakov, the chairman of the Russian State Duma Committee on financial markets, said that the bill wouldn’t get adopted before the end of spring of 2020 due to the Covid-19 pandemic. Askakov claimed that the previous delays in the bill’s adoption occurred because of the disagreement on the new asset type between local authorities. He highlighted that the central…
3 years ago 724 views